SELS - EVERGREEN
ActiveSELS - EVERGREEN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €440k and a net result of €43k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 1693 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▼-51
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 2.56 in 2023), and 29.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
1 d early
2022
3 d late
2021
24 d late
2020
22 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€440k▲ 10.8%
2023 · €397k
2018: €277k
2019: €343k
2020: €408k
2021: €480k
2022: €556k
2023: €397k
2018 → 2024
Total assets
€627k▲ 5.2%
2023 · €595k
2018: €531k
2019: €584k
2020: €594k
2021: €708k
2022: €736k
2023: €595k
2018 → 2024
Net result
€43k▼ 50.6%
2023 · €87k
2018: €111k
2019: €95k
2020: €88k
2021: €72k
2022: €75k
2023: €87k
2018 → 2024
Working capital
€286k▲ 4.6%
2023 · €273k
2018: €217k
2019: €287k
2020: €319k
2021: €408k
2022: €416k
2023: €273k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€408k-€480k▲ 17.7%€556k▲ 15.6%€397k▼ 28.5%€440k▲ 10.8%
Operating result€87k-€80k▼ 8.6%€76k▼ 5.2%€125k▲ 64.9%€57k▼ 54.0%
Net result€88k-€72k▼ 18.1%€75k▲ 4.1%€87k▲ 15.6%€43k▼ 50.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 54% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €627k
Fixed assets
€180k▲ 23.3%
Current assets
€446k▼ 0.7%
Equity and liabilities €627k
Equity
€440k▲ 10.8%
Debt
€186k▼ 6.0%
The debt ratio falls from 33.3% to 29.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€77k▼
2023 · €146k
Cash flow
€62k▼
2023 · €108k
Solvency
70.3%▲
2023 · 66.7%
Current ratio
2.78▲
2023 · 2.56
Quick ratio
2.20▲
2023 · 1.76
Debt / equity
0.42▼
2023 · 0.50
ROE
9.7%▼
2023 · 21.8%
ROA
6.8%▼
2023 · 14.6%
Interest coverage
8.68▼
2023 · 17.85
Debt
€186k▼
2023 · €198k
Debt ≤ 1 year
€160k▼
2023 · €176k
Income taxes
€16k▼
2023 · €35k
Staff costs
€440k▲
2023 · €354k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€595k€627k▲
Fixed assets21/28€146k€180k▲
Tangible fixed assets22/27€138k€172k▲
Land and buildings22€124k€124k▼
Plant, machinery and equipment23€14k€16k▲
Furniture and vehicles24-€30k
Other tangible fixed assets26-€2k
Financial fixed assets28€8k€8k=
Current assets29/58€449k€446k▼
Stocks and contracts in progress3€140k€93k▼
Stocks30/36€140k€93k▼
Amounts receivable within one year40/41€61k€118k▲
Trade receivables40€61k€19k▼
Other amounts receivable41€508€99k▲
Cash at bank and in hand54/58€246k€224k▼
Deferred charges and accrued income490/1€3k€11k▲
Equity and liabilities
Total equity and liabilities10/49€595k€627k▲
Equity10/15€397k€440k▲
Contributions10/11€5k€5k=
Reserves13€112k€155k▲
Distributable reserves133€112k€155k▲
Profit (loss) carried forward14€281k€281k=
Amounts payable17/49€198k€186k▼
Amounts payable within one year42/48€176k€160k▼
Trade debts44€46k€43k▼
Suppliers440/4€46k€43k▼
Taxes, remuneration and social security45€107k€115k▲
Taxes450/3€46k€41k▼
Remuneration and social security454/9€61k€75k▲
Other amounts payable47/48€23k€2k▼
Accrued charges and deferred income492/3€22k€26k▲
Income statement
Code20232024
Remuneration, social security and pensions62€354k€440k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€19k▼
Other operating charges640/8€9k€8k▼
Gross operating margin9900€508k€525k▲
Operating profit (loss)9901€125k€57k▼
Financial income75/76B€6k€11k▲
Recurring financial income75€6k€11k▲
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€122k€59k▼
Income taxes67/77€35k€16k▼
Profit (loss) for the period9904€87k€43k▼
Profit (loss) for the period to be appropriated9905€87k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€367k€323k▼
Profit (loss) brought forward from the previous period14P€281k€281k=
Transfer to equity691/2€87k€43k▼
To other reserves6921€87k€43k▼
Social balance
Average headcount (FTE)908710.312.3▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €43k ▼50.6%
Net result drops to €43k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
31-12
Financial
Equity above €500kEq €556k ▲15.6%
5 profitable years in a row build equity to €556k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oud-Turnhout · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Donk 342360 Oud-TurnhoutGround area
1.3 ha
Building footprint
3,151 m²
Volume, LiDAR
16,470 m³
Parcel 13483I0778/00M000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Donk 34, 2360 Oud-Turnhout
since 19982.089.241.824
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13483I0778/00M000 | Flanders | 1.3 ha | 1 · 3,151 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JAVA - PLANT
BE 0447.689.246
Brugge · Eq €444k
V-Flowers
BE 0818.822.134
Evergem · Eq €447k
ARLIPLANT
BE 1000.833.132
Assenede · Eq €448k
PIETERS JOSEPH EN LUC
BE 0437.653.112
Staden · Eq €451k
AGAPANTHUS
BE 0765.677.121
Aalter · Eq €425k
Of 870 companies in sector 01191 we hold annual accounts for 306. 252 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-1998
Fiscal year end31-12
Activities, NACEBEL
01122
01191Growing of flowers
47761Retail sale of flowers, plants, seeds and fertilisers
52483
01123
01301Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.